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Scruffy1

(3,521 posts)

19. If ever a market was a safe short this one is.

Reply to greenjar_01 (Reply #1)

Tue Feb 25, 2020, 12:12 AM

Feb 2020

The feds have been pumping the money supply like crazy to hold the market up but just like a ponzi scheme eventually the money runs out. The only way to make a profit is to sell why you can. I think we will see a double digit correction by fall.

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Highlight:

Dow closes down 1,000 points as coronavirus fears slam Wall Street [View all] sandensea Feb 2020 OP

"as well as overvalued equities..." greenjar_01 Feb 2020 #1

Exactly. sandensea Feb 2020 #2

Nothing goes up forever Roy Rolling Feb 2020 #3

He'll blame it on the corona virus onenote Feb 2020 #5

And China. sandensea Feb 2020 #6

And the "Democrat scientists" sandensea Feb 2020 #7

If ever a market was a safe short this one is. Scruffy1 Feb 2020 #19

Bounce tomorrow, Turnaround Tuesday bucolic_frolic Feb 2020 #4

On the one hand, I hope you're right. sandensea Feb 2020 #8

The interest rate yield curve is fully inverted today, AND bucolic_frolic Feb 2020 #10

Great point. sandensea Feb 2020 #12

It has to go down someday I hope before doc03 Feb 2020 #9

It's quite likely. sandensea Feb 2020 #11

Trumpsters will argue the market didn't go up doc03 Feb 2020 #15

Absolutely - but as you know, they're utterly immune from facts sandensea Feb 2020 #16

That's for sure doc03 Feb 2020 #17

This market has been at the dot com irrational exuberance level for a while now so any excuse for a yaesu Feb 2020 #13

Exactomundo. sandensea Feb 2020 #14

BINGO! maddogesq Feb 2020 #18